Due to changes in what companies are required to report to the IRS this tax year, more taxpayers will receive Form 1099-K than in previous years. For some, the arrival of this unexpected tax form may be confusing and stressful — but don’t panic. We’re here to help you report…

The result will be little or no major tax legislation in 2023. – ​Forbes – Taxes ​Read More  

A good tax opinion discusses the facts, legal arguments, and tax authorities. They do more than just protect you from IRS penalties. In an audit, they are invaluable for quickly writing letters and briefs to defend your tax position. – ​Forbes – Taxes ​Read More  

In the second of a two-episode series, Orly Mazur of SMU Dedman School of Law discusses her views on the tax implications of increasing automation and the alternatives to a robot tax. – ​Forbes – Taxes ​Read More  

Many California taxpayers saw their tax deductions limited via the State and Local Tax cap in the Trump tax plan. With proactive tax planning some California business owners can avoid getting hit with more taxes via the SALT CAP – ​Forbes – Taxes ​Read More  

New Biden Administration programs could help economically distressed regions, but there must be a strong worker voice. – ​Forbes – Taxes ​Read More  

Ryan Finley explains that the frequent depiction of the comparable profits method as flawed and appropriate only as a last resort is based in part on a far-fetched interpretation of section 482. – ​Forbes – Taxes ​Read More  

Resolving lawsuits usually involves taxes. Plaintiffs hope to minimize taxes they face. But until Dennis Rodman, there was little controversy about the tax treatment of confidentiality provisions. – ​Forbes – Taxes ​Read More  

The United States Tax Court has held Notice 2017-10 is invalid, striking a blow to IRS enforcement against syndicated conservation easements. – ​Forbes – Taxes ​Read More  

The cash win is $997.6 million, but only 24% is withheld and sent to the IRS. But since tax rates go up to 37%, you owe another 13%—a whopping $129,688,000 on April 15. That’s a big check to write. And don’t forget state taxes, depending where you live. – ​Forbes…

There’s nothing wrong with filing taxes early. In fact, getting a head start on federal tax filing may be more beneficial than most people realize. Officially, it doesn’t matter how early taxpayers file their tax return if you meet the IRS original or extended tax deadline. For tax year 2022,…

The IRS is working to get the tax whistleblower program back on track, appointing John Hinman to be the new Director of the Whistleblower Office. In a recent summit with whistleblower attorneys, Mr. Hinman and IRS officials outlined a program of reforms and also best practices for whistleblowers. – ​Forbes…